the ETS Public Information Sessions 31 August to 14 September 2018 - PowerPoint PPT Presentation

ETS Forestry Package Consultation: Operational Improvements to Forests in the ETS Public Information Sessions 31 August to 14 September 2018

Approach to analysis  Participant feedback from the previous consultation  Daily interaction with ETS participants: what works and what doesn’t  The Mandatory Emissions Returns in the first six months of 2018 1

Overview of the changes  Three groups of changes o Significant o Linked to averaging o Minor and technical 2

Overview of the changes  Focus today on: o More certainty on land classification o Pre-1990 forest offsetting o Redefining the Mandatory Emissions Reporting Period (MERP)  Opportunity to discuss the other 23 proposals and any other points later  Remember to submit on these issues to etsconsultation@mfe.govt.nz 3

More certainty on land classification  Current approach creates uncertainty for all forest owners and is a constant issue for land owners  Proposal is to enable the Crown to publish a map of how the ETS classifies the land, and this is the first reference for registration  Emissions rulings can then be used to clarify areas where land owners disagree with the map.  Map would be updated periodically: if the map changes registered land would not be reassessed 4

Pre-1990 forest offsetting  Introduced to allow flexibility to pre-1990 forest owners, so they can ‘move’ a forest without deforestation liabilities  Current implementation is inflexible and creates high risk for land owners  Proposed fixes: o Consistent time frames for all applications o Ability to redefine areas in the application o Carry over of ‘unused’ offset forest to a future application 5

Redefining the Mandatory Emissions Reporting Period (MERP)  We need to align the MERP to the international reporting timeline  This will assist with: o NZ’s compliance with our international targets o The ETS unit supply work MfE discussed this morning  Linked to averaging as the transition of any forest may be easier at the MERP end when we collect the information on the forest 6

Contacts  Portal for submissions, due 5pm 21 September http://www.mfe.govt.nz/consultation/ets  Improvement to the New Zealand Emissions Trading Scheme http://www.mfe.govt.nz/publications/climate-change/improvement-new-zealand-emissions-trading-scheme  A better Emissions Trading Scheme for forestry http://mpi.govt.nz/news-and-resources/consultations/a-better-ets-for-forestry/  Contact for forests in the ETS climatechange@mpi.govt.nz